Colombo Stock Exchange

Businesscafe - The Board of Directors of the Colombo Stock Exchange (CSE) approved the revision of the index calculation methodology of the All Share Price Index (ASPI) at a Board meeting held on 15th November 2021 to change its calculation basis from full Market Capitalization-weighting to free float-adjusted Market Capitalization-weighting with effect from January 2022 following consultations with stakeholders.

His Most Rev Excellency Dr Emmanuvel Fernando Bishop ofMannar together with Dimuth Sigera Assistant General Manager Branches Seylan Bank

Businesscafe - Seylan Bank, the Bank with a Heart, relocated its Mannar Branch to a spacious new location on the 15th of November 2021, the new and improved branch is conveniently located at No. 181, Thalaimannar Road, Mannar and will be in operation from today.

 Commercial Bank Logo

Businesscafe - The Commercial Bank of Ceylon, a leader in tech-based banking products and services, recently won the Banking and Financial Services Category Award presented by the Sri Lanka Association for Software Services Companies (SLASSCOM) for its case study on robotic process automation (RPA).

Sarvodaya Development Finance successfully concludes Virtual Investor Forum

Businesscafe - Sarvodaya Development Finance (SDF), the financial services arm of one of Sri Lanka’s oldest social movements, the Sarvodaya Shramadana Movement, recently concluded its Investor Forum.

DFCC Bank receives an honourable mention as one of Sri Lanka Most Admired Companies

Businesscafe - DFCC Bank, the premier commercial Bank in Sri Lanka, has been selected in the ‘Top 5 Honourable Mentions’ at the Chartered Institute of Management Accountants-International Chamber of Commerce Sri Lanka-Daily FT ‘Most Admired Companies of Sri Lanka 2021’ award ceremony.

 Sarvodaya Development Finance Investor Forum on 17th November 2021 in lieu of upcoming IPO

Businesscafe - As the eagerly awaited Initial Public Offering (IPO) of Sarvodaya Development Finance (SDF) is set to take place on the 23rd of November, the organization has announced the hosting of an investor forum for investors and analysts.

HNB FINANCE records strong fiscal performance in first half of FY21 22

Businesscafe - HNB FINANCE PLC reported a steady financial growth and performance in its Interim Financial Statements issued for the period ending September 30, 2021 for FY21/22.

Commercial Bank Chairman Justice K. Sripavan and MD Mr S. Renganathan

Businesscafe - The Commercial Bank of Ceylon Group has achieved characteristically equitable growth for the nine months ending 30th September 2021, despite a slowing down in some key contributors in the third quarter of the year.

HNB Chairperson Aruni Goonetilleke and HNB MD CEO Jonathan Alles Left to Right

Businesscafe - A resilient business model and continued focus on sustainable growth was reaffirmed as Hatton National Bank PLC (HNB) reported Rs 12.2Bn in Profit After Tax (PAT) for the nine-month period ended September 2021.